The MCA has launched a time-bound compliance amnesty allowing companies to pay only 10% of additional filing fees. The key takeaway is that defaulting companies can regularise records and reduce litigation exposure before stricter enforcement resumes.
Weak GST registration checks allow shell firms to obtain GSTINs and issue fake invoices, later leading to ITC denial for genuine buyers. Courts have stressed that compliant recipients should not suffer for failures in departmental verification.
Explains the legal position under Section 73 and MCA notifications. Highlights exemption limits and conditions for private companies.
A doctrinal analysis of unexplained cash credits, investments, and expenditure under Sections 68–69D. Explains burden of proof and strict taxation under Section 115BBE.
The digital tax reform eliminates physical interaction but faces criticism for procedural lapses. Courts stress fairness and adequate hearing in assessments.
A detailed roadmap explaining the legal framework, procedural steps, and compliance requirements for issuing CCPS through private placement. Highlights key safeguards to avoid penalties and invalidation.
Diversifying income into earned, business, and passive streams increases tax complexity. Strategic planning across all three can significantly lower your blended tax rate and boost long-term wealth.
Tax can only be imposed by lawful authority and competent legislature. The Constitution safeguards citizens from arbitrary taxation.
A structured guide to Sections 15–17 covering salary components, perquisites, and deductions. Explains exemptions, TDS rules, and relief provisions clearly.
Budget 2026 retains existing income tax slabs but revises TCS, STT, and compliance timelines. The key takeaway is simplified procedures, rationalized penalties, and expanded exemptions across sectors.
